India: Ambuja Cements' open offer to acquire an additional 26% stake in Sanghi Industries will run from 29 September 2023 to 13 October 2023. Press Trust of India News has reported the value of shares under the offer as up to US$767m. Ambuja Cements concluded a deal to acquire a 57% stake in Sanghi Industries, for the smaller …
The stock of Ambuja Cements Ltd. commanded a market value of Rs 77926.65 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 40.49, while the price-to-book value ratio stood at 2.29. Return on equity (ROE) was at 8.14 per cent, according to exchange data. In the BSE500 pack, 274 stocks traded in the …
"This performance resulted from strong growth in sales of premium products and successful execution of efficiency improvement programs which has partly been impacted by rising energy and raw material costs," …
BENGALURU, Nov 1 (Reuters) - India's Ambuja Cements on Wednesday missed quarterly revenue estimates after higher prices damped sales volumes. Revenue from operations grew 8% to 39.7 billion rupees ...
Ambuja Cements Ltd issued warrants worth INR 47.74 crore to the Adani family business Harmonia Trade and Investment and raised INR 5,000 crore on Tuesday.
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By CNBCTV18.com Mar 16, 2023 3:48:15 PM IST (Updated) The Adani group has put to rest any speculation over the ownership of Ambuja Cements and ACC. In a statement on March 16, ACC Limited said the Endeavour Trade and Investment, controlled by Vinod Adani, the Acquirer of ACC and Ambuja Cements, belongs to Adani Group, confirming …
Find here Ambuja Cement dealers, retailers & distributors in Bengaluru, Karnataka. Get latest details on Ambuja Cement prices, models & wholesale prices in Bengaluru, …
Ambuja Cements Share Price: Find the latest news on Ambuja Cements Stock Price. Get all the information on Ambuja Cements with historic price charts for NSE / BSE. Experts & Broker view also get ...
Ambuja Cements AMBCEM) February 9, 2023 Improved operational efficiencies via group synergies About the stock: Ambuja Cement (now Adani group conglomerate) is a large …
The Switzerland-based Holcim Group is looking to exit the Indian cement business by selling Ambuja Cements and ACC. Here is what makes these businesses attractive enough to be lured by India's ...
Cement Plant Rabriyawas & CPP 18 MW for period Oct 2020- March 2021_ Ambuja Cements Limited, Unit- Rabriyawas: April 15, 2021: Ras-II Mines for period Oct 2020- March 2021_Ambuja Cements Limited, Unit-Rabriyawas: April 15, 2021: Ras-I Mines of Ambuja Cements Ltd. Rabriyawas for period Oct 2020-March 2021 Six monthly EC …
Today, Ambuja is the 3rd largest cement company in India, with an annual plant capacity of 16 million tonnes including Ambuja Cement Eastern Ltd. and revenue in excess of Rs.3298 crore.
Any potential transaction will also trigger an open offer in both for an acquisition of an addition 26%. Shares of Ambuja has risen 16% since April 6, possibly in anticipation of a mega deal, while ACC gained …
The parent took control of Ambuja Cement, which in turn owns a 54.5% stake in ACC. Lafarlcim currently owns 63.62% of Ambuja Cement. In November last year, the parent had increased its stake in ACC and Ambuja Cement by 4% and 2%, respectively. ... Ambuja, UltraTech and Dalmia — command about 40% of India's total …
Some of the major players include UltraTech Cement Limited, Ambuja Cements Limited, ACC Limited, Shree Cement Limited. Market Insights: India is the …
Ambuja Cement is India's top cement manufacturing and supplier company. It has plants and factories which comprise of Ordinary & Pozzolana Portland Cement. News and …
Ambuja Cements Ltd. investor presentations, annual reports, calls Earnings Calls; ... Investor Presentation; Search Inside the pdf : 01 Nov, 2023 BSE INDIA. AMBUJA CEMENTS LTD. - 500425 - Audio Recording Of Analysts/Investors Call Held … AMBUJA CEMENTS LTD. - 500425 - Audio Recording Of Analysts/Investors Call Held …
Adani Group-owned Ambuja Cements Ltd said on Friday it would expand its blended cement production capacity by 14 million metric tonnes, as part of a previously announced plan to double capacity ...
"Post the transaction, Adani will hold 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements)," the statement said.
This will enable the production of blended green cement of 14 MT Ambuja Cements, the cement and building material company of the diversified Adani Group, …
The Adani Group, the new owner of Ambuja Cements and its subsidiary ACC, is looking to double the combined cement manufacturing capacity of the two firms by 2030 to 140 million tonnes per year, putting it close on the heels of market leader UltraTech Cement. "We anticipate going from the current 70 million tonnes capacity to 140 million …
Ambuja Cements Ltd. is among the leading cement companies in India. It is a member of the Adani Group - the largest and fastest-growing portfolio of diversified sustainable …
The company reported a net profit of Rs 865.4 crore for the latest quarter. Shares of Ambuja Cement rallied over 7.5 per cent to Rs 523.95 and touched their 52-week high in Wednesday's trade after the company said that its board would meet on Friday, September 16, to consider a fundraising plan. Ambuja Cement in a BSE filing said, "A ...
In Sep'22, Adani group bought Holcim (Swiss giant) stake in Ambuja Cement and ACC for around $6.40B to become India's 2nd largest cement player. Holcim sold its entire 63.15% stake in Ambuja Cements, which owns a 50.05% interest in ACC, as well as its 6.64% direct stake in ACC.
NEW DELHI: Adani group on Friday launched its Rs 31,000-crore open offer to acquire 26 per cent additional stake from the public shareholders of Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements.In May this year, the Adani Group had announced that it had clinched a deal to acquire a controlling stake in Holcim Ltd's …
The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is $10.5 billion, which makes this the largest-ever acquisition by Adani, and India's largest-ever mergers ...
The scrip opened at Rs 428.0 and touched an intraday high and low of Rs 434.05 and Rs 428.0, respectively, in the session so far. Shares of the company of Ambuja Cements Ltd. quoted a 52-week high of Rs 598.15 and a 52-week low of Rs 315.3. Total market cap of the Ambuja Cements Ltd. stood at Rs 85551.52 crore at the time of …
Stock Research Report for Ambuja Cements Ltd. Stock score of Ambuja Cements Ltd moved up by 2 in a month on a 10 point scale (Source: Refinitiv). Get detailed report on Ambuja Cements Ltd by subscribing to ETPrime. ... Ambuja Cements Limited is an India-based cement manufacturing company.
The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A ...
Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cements and part of the ports-to-power conglomerate Adani Group, on Thursday announced the acquisition of Sanghi Industries Limited. The deal was finalised at an enterprise value of Rs 5,000 crore and will be funded by Ada. With this, ACL will acquire …
The board of Ambuja Cement is scheduled to convene on Friday to discuss raising capital through either debt or equity. This comes amidst wide speculation that there will be a change of guard at the cement maker. The transaction with Holcim comprised its entire 63.11% stake in Ambuja Cement and 4.48% direct stake in ACC.
The Adani Group, the new owner of Ambuja Cements and its subsidiary ACC, is looking to double the combined cement manufacturing capacity of the two companies by 2030 to 140 million tonnes per year, putting it close on the heels of market leader UltraTech Cement. "We anticipate going from the current 70 million tonnes …
The share price of Ambuja Cements Ltd. gained 0.13 per cent to Rs 520.55 at 12:30PM (IST) in Thursday's trade. The stock has hit a high of Rs 525.4 and low of Rs 517.3 so far during the session. The stock had closed at Rs 519.9 in the previous session. ... Ambuja Cements Ltd. belongs to the Cement - Pan India industry. Promotor/FII Holding
The site expected the stock price to rise to INR446.368 in May 2023, reaching INR518.300 in May 2024 and INR589.619 in May 2025. In terms of a five-year forecast for the Ambuja Cement share price, the …
Ambuja Cement at a glance. Ambuja Cements Ltd is India's foremost cement company known for its hassle-free, home-building solutions. Unique products tailor-made for Indian climatic conditions, sustainable operations and initiatives that advance the company's philosophy of contributing to the larger good of the society, have made it the most trusted …
Ambuja Cements will acquire 56.74 per cent shares of Sanghi Industries from the latter's existing promoter group Ravi Sanghi and family. This acquisition will be completely funded through ...
Notably, Adanis have also changed the financial year cycle of the two cement makers from January-December to April-March. In all, Adani paid $6.5 billion to acquire the two cement companies. About $6.4 billion were paid to Holcim for its entire 63.11% stake in Ambuja Cement and 4.48% direct stake in ACC. Ambuja owns a …